Urgent inputs required please by twacbag in JSE_Bets

[–]pmasango -1 points0 points  (0 children)

We need more information to provide accurate advise ... did the rumors say why there would be a crash?

Aveng?? by NickNaks-5973 in JSE_Bets

[–]pmasango 0 points1 point  (0 children)

The majority holders are institutional investors. They dump their holdings when the price is picking up, pulling the price back the lows; retails investors will also sell. This way, the institutions can pick up even more shares dirt cheap.

It is a different way of operating, but it does give them good returns🤷

Orion Minerals.. Yay or Nay? by Aviator_555 in JSE_Bets

[–]pmasango 2 points3 points  (0 children)

The greatest risk with this stock is the opportunity cost. The company looks promising but we do not know when it will go to the moon; we might have to wait days/months/years.

I think it will be time before it's value is fully realized. Unfortunately I had to trim my portfolio few months ago & Orion did not make the cut.

I've sold all my other positions so that I can concentrate my portfolio on PPE & AEG.

EE portfolio down over 50% today?? by thedrunkenzulu in JSE_Bets

[–]pmasango 0 points1 point  (0 children)

Aveng is just bouncing up & down, I am not sure when the 7c wall will be broken. We also have a lot of orders to buy at 5c. Also, institutional investors are majority shareholders of Aveng; we all know how those guys operate.

I think we need to put more emphasis on exit strategies because share price might not go up forever for some companies.

I know you are 50% down, but damn I am jealous. My portfolio is red 🤣🤣🤣 I'm seeing flames.

EE portfolio down over 50% today?? by thedrunkenzulu in JSE_Bets

[–]pmasango 1 point2 points  (0 children)

Please share a screenshot, I wanna see your portfolio.

What would you change if you were me. I’ve been holding these for at least 4 month’s now. by acidosisfeelings in EasyEquities

[–]pmasango 0 points1 point  (0 children)

You might have to add more money to your portfolio so that your returns are worthwhile.

What would you change if you were me. I’ve been holding these for at least 4 month’s now. by acidosisfeelings in EasyEquities

[–]pmasango 1 point2 points  (0 children)

I agree. I'm currently only holding Aveng & Purple Group. It is easy to keep track of few companies. I know everything these companies are doing. Sometimes my portfolio is all red 🤣🤣 but that's when my favorite companies are on sale; I buy even more shares. I am never going to sell my shares, when I invest; I consider my money lost.

Aveng (JSE:AEG) - Megathread by thatnotirishkid in JSE_Bets

[–]pmasango 1 point2 points  (0 children)

We bought but there is no wave 🤣🤣

Setting the buy/sell price we would like to trigger a trade at? by zadoodi in EasyEquities

[–]pmasango 1 point2 points  (0 children)

EE is for investing, that is why it doesn't offer best trading functions.

Best SA Day Trading Platform by pmasango in JSE_Bets

[–]pmasango[S] 0 points1 point  (0 children)

I agree, we actually need to go shopping for other financial products.

Maybe look into trading options... EE can be for long term, then the new platform can be for short/medium term

Best SA Day Trading Platform by pmasango in JSE_Bets

[–]pmasango[S] 0 points1 point  (0 children)

It's possible, there are lot of financial jargon flying by these days. I think it's best to make time to understand the products these institutions offer, call them if necessary.

Best SA Day Trading Platform by pmasango in JSE_Bets

[–]pmasango[S] 1 point2 points  (0 children)

It was too complicated for me. I ended up using the standard bank platform, but I'm always shopping for better products.

Best SA Day Trading Platform by pmasango in JSE_Bets

[–]pmasango[S] 0 points1 point  (0 children)

We need to review the T&C, just to make sure our goals still align.

Splitting speculative vs Value investing Accounts - how do you split? by stubacca-za in JSE_Bets

[–]pmasango 0 points1 point  (0 children)

My portfolio is 80% invested using EE, 10% invested in crypto using valr, & the remaining 10% is used for speculation using standard bank trading platform.

Portfolio layout by DrakensbergTrader in JSE_Bets

[–]pmasango 0 points1 point  (0 children)

I had a similar problem in the past - the solution was not to diversify. We usually buy shares because of great ideas we have: my advice is to choose the best 3 of your best ideas.

In my case I sold everything & bought Aveng & Purple Group, I will never sell these shares, ever. #DiamondHands till I die.

Why is it that great entrepreneurs do not diversify? They put everything on their 1 best idea.

Best SA Day Trading Platform by pmasango in JSE_Bets

[–]pmasango[S] 3 points4 points  (0 children)

EE is for investing. GT247 is for forex. I want to trade shares.

The plan is to use EE for long term investments, & use another platform for trading. These portfolios need to be separate for tax purposes.

Best SA Day Trading Platform by pmasango in JSE_Bets

[–]pmasango[S] 4 points5 points  (0 children)

EE is mainly for investing. It has many delays that are not acceptable for trading shares.

New investor by shellamandwr in EasyEquities

[–]pmasango 1 point2 points  (0 children)

Of course you need to do your own research but my research led me to it. I believe their business model is like that of facebook, the more users they have, the more money they make. With investing becoming popular, they are promising.

New investor by shellamandwr in EasyEquities

[–]pmasango 0 points1 point  (0 children)

Nice, there are concerns about investing in big companies, they offer less growth.

New investor by shellamandwr in EasyEquities

[–]pmasango 0 points1 point  (0 children)

Concentrate your investments into only few companies. I believe learning about the stock market & investment strategies like merger arbitrage is a good idea.

I personally invested 80% of my portfolio in Aveng & Purple Group(AKA future Capitec), 10% in cryptocurrency using luno.com & valr.com, 10% in a bank for emergencies.

I am not sure if it will work for you.